Watch 10:23
Can an infusion of public R&D investment revitalize a lagging economy?
The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and…
Watch 3:41
As world leaders gather in France, how Trump has changed the G-7
Friday’s new turmoil around the U.S. economy and trade war with China is coming at an important moment for President Trump, immediately preceding his arrival at the G-7 summit in France. Reporting from France, Yamiche Alcindor joins Judy Woodruff to…
Watch 6:28
News Wrap: Commerce Department says economic growth slowed in 2nd quarter
In our news wrap Friday, the U.S. economy is showing signs of losing some steam, with growth rate down sharply in the second quarter from its level in the first. White House economic adviser Larry Kudlow blamed Fed interest rate…
U.S. budget deficit jumps 23 percent this fiscal year
The surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018.
The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew…
China set out to retaliate against new U.S. import taxes on Chinese goods on Tuesday by saying it would levy tariffs on $60 billion worth of U.S. goods, ranging from agricultural products and machinery to chemicals. John Yang talks with…
The U.S. economy added more jobs than expected in May and the unemployment rate dropped slightly to 3.8 percent, remaining at its lowest level in decades.
The sell-off that hit Wall Street on Friday whipsawed the market again on Monday. In one furious, 15-minute stretch, the Dow dropped and recouped 700 points. What made markets plunge? John Yang gets analysis from Gillian Tett of the Financial…
Is geographic mobility the key to moving up the economic ladder? Economists are finding that the odds no longer favor American kids in doing better than their parents, but some hope that uprooting their families and moving to safer streets…
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